Minebea Cambodia, the local subsidiary of the Japanese electronic parts Giant with production facilities in Thailand, Singapore, Malaysia and China and now in Cambodia, celebrated the official opening of a brand new production facility located at Phnom Penh SEZ.
In the presence of Cambodia's Prime Minister Hun Sen, a range of local dignitaries and Minebea President and CEO Yoshihisa Kainuma, a traditional ceremony launched the facility which will host up to 5000 workers within the next two years, quadrupling the current 1200 workers who assemble a range of intricate electronic parts to be built into Smartphones, cars, computers and other fine-electronic products.
"Our investment in Cambodia is in line with the country's robust economic growth", said Kinoma, Minebea President and CEO. "It will create thousands of jobs and contribute to the development of the Cambodian economy".
"The Cambodian government acknowledges our role in the country's industrial development and the need for the economy to diversify", says COO Kengo Katsuki, who has set up the operations at Phnom Penh SEZ since the launch of Minebea Cambodia.
More than 30 Japanese companies have recently visited Phnom Penh SEZ, the leading economic zone in Cambodia to study the opportunities for production in the Kingdom and to get a first-hand look at the Phnom Penh SEZ infrastructure and services.
"We are very impressed by the high quality standards applied at the Minebea operations at our industrial park, and we are glad that we were able to provide them with all services and incentives they need to set up this factory", says Carie Phou, Public Relations Manager at Phnom Penh SEZ. "Japanese companies are currently on the lookout for more investments in the region, and we have proven that this is the ideal location for them to start setting up a first class production in Cambodia".